Elana Agricultural Land Fund REIT (XBUL:EALF) ROCE % : 0.00% (As of . 20)

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What is Elana Agricultural Land Fund REIT ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Elana Agricultural Land Fund REIT's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Elana Agricultural Land Fund REIT ROCE % Historical Data

The historical data trend for Elana Agricultural Land Fund REIT's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Elana Agricultural Land Fund REIT ROCE % Chart

Elana Agricultural Land Fund REIT Annual Data

Trend

ROCE %

Elana Agricultural Land Fund REIT Semi-Annual Data

ROCE %

Elana Agricultural Land Fund REIT ROCE % Calculation

Elana Agricultural Land Fund REIT's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Elana Agricultural Land Fund REIT's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is one times the annual (. 20) EBIT data.

Elana Agricultural Land Fund REIT (XBUL:EALF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Elana Agricultural Land Fund REIT ROCE % Related Terms

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Elana Agricultural Land Fund REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Elana Agricultural Land Fund REIT (XBUL:EALF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Lachezar Stanchev Street, Tower B, Floors 12, Sopharma Business Towers, Sofia, BGR, 1797

Website

https://efzz.elana.net

Elana Agricultural Land Fund REIT is a real estate investment trust engaged in the provision of financial leasing for purchases of agricultural land.

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